The specialist for tower crane rental, sales and spare parts Normas has taken over the crane rental business of Ajos in Denmark.
Ajos is a business unit of MT Højgaard Holding A / S which has put the sale price for the shares at DKK 62 million (USD 10 million). The contract, which came into force on April 1, 2021, includes more than 50 tower and semi-mobile cranes. There are seven specialized crane workers.
Normas is a Liebherr tower crane dealer operating in Denmark and southern Sweden. It was founded in 1992 and is now part of the JMM group.
Ajos sold its hoist business in the third quarter of 2020. With the sale of the crane operations, the company will now focus on strengthening its core business in site planning and equipment rental, including sheds, pavilion modules and other buildings.
Commenting on the sale, Ole Wamsler, CEO of Ajos, said: “We are selling a well run crane business to sharpen our focus on the shed, module and pavilion markets where we have a really good position and increasing demand with particularly strong progress for see our pavilion modules with the Nordic Swan eco-label. We must continuously invest to keep these activities dynamic, and so we prioritize our resources. “
Morten Hansen, CEO of MT Højgaard Holding, said: “Ajos is raising its profile with the sale of the crane business, which will allow the company to invest in selected business areas, with a focus on sustainable solutions which are and are playing an increasingly important role in the construction industry an integral part of our strategy in all business areas of the MT Højgaard Holding group. “